The final yield of the bonds of Prodea Real Estate
The final yield of the bonds of  Prodea Real Estate
  REIC

The final yield of the bonds of Prodea Real Estate

The Coordinators and Bookrunners of the Public Offer for the Issue of a Common Bond Loan and the admission of the bonds of the company “Prodea Real Estate” announce, that 300,000 dematerialised common, bearer bonds of the Company with a nominal value of €1,000 each have been placed.
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RE+D magazine
16.07.2021

As a result funds of €300 mil. have been raised.

Τotal valid demand from investors that participated in the Public Offer was €554.243 mil., resulting in oversubscription of the Issue by 1.85 times.

The offer price of the Bonds is at par, namely €1,000 each. Final yield has been set at 2.30% and Bonds’ interest rate at 2.30% per annum. The Bonds were allocated as follows:

a) 196,500 Bonds (65.5% of the total number of Bonds to be issued) were allocated to Retail Investors and

b) 103,500 Bonds (34.5% of the total number of Bonds to be issued) were allocated to Professional Investors.